Southeast Asia

Vietnam is the cheapest country to produce fully domestic solar modules outside of China, according to a report from the International Renewable Energy Agency (IRENA).

The Philippines’ solar and energy storage trade body has warned that diplomatic tensions with China could disrupt the solar industry.

PV developer Solar Philippines has issued a statement denying liability to pay PHP24 billion (US$400 million) in penalties from the Philippines’ Department of Energy (DoE).

The British International Investment (BII), has committed US$20 million to Vietnamese lender HDBank's inaugural green bond programme.

Solar manufacturer SEG Solar has started construction on a 3GW ingot and wafer manufacturing plant in Indonesia.

The World Bank will invest in a huge 4GW, 5.12GWh solar-plus-storage complex in Malaysia, which will form part of a pan-Southeast Asian power grid initiative.

Global investment firm Brookfield Asset Management has acquired Singapore-headquartered independent power producer (IPP) Alba Renewables.

The Philippines has awarded Acciona Energía a 20-year power supply contract for a 180MW solar PV project on the island of Cebu.

Mooring solutions provider Mooreast has commenced feasibility studies to develop up to 500MW of floating renewables in Timor-Leste.

The Philippines has awarded 10.19GW of new energy capacity in its fourth auction round, with solar accounting for more than 6GW of capacity.